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SPAC king Chamath Palihapitiya says higher rates have created a 'wave of destruction' across whole sectors
The famed investor and so-called SPAC king said that the end of zero interest rate policy has creat…
Jennifer Sor
'SPAC King' Chamath Palihapitiya says blank-check companies need more oversight and regulation
"It is time to improve the regulations around the SPAC ecosystem with clear and rigorously enforced…
Will Daniel
SPAC king Chamath Palihapitiya says the Fed crushed the bubble in blank-check firms, and swears he's not responsible for the poor performance of companies he took public
"The long-term regime in which we operate has changed," the SPAC King said. "That is not in the con…
Jennifer Sor
Chamath Palihapitiya's 4 blockbuster SPAC mergers have tumbled 32% this year as investors ditch flashy growth stocks
Clover Health has plunged 76% in 2021, and Virgin Galactic is down 36%, in a tough year for billion…
Harry Robertson
Bill Ackman says he'll return $4 billion to PSTH investors after failing to close a SPAC deal - and trumpets his next-generation SPARC
The Pershing Square chief blamed the market's rapid rebound after the pandemic crash, investors sou…
Theron Mohamed
Shaquille O'Neal, former Disney executives, and Martin Luther King Jr.'s son target $250 million SPAC launch
Potential targets for the blank-check firm include intellectual property and "audience aggregation …
Ben Winck
'SPAC king' Chamath Palihapitiya is planning a $1 billion listing of a climate company, according to reports
The billionaire investor's new vehicle won't be a SPAC, but it will aim to make several acquisition…
Theron Mohamed
Chamath Palihapitiya among SPAC sponsors asked by senators about potential conflicts of interest
The senators said industry insiders can "take advantage of ordinary investors" such as making "over…
Isabelle Lee
How Grab, Asia's Uber, stumbled before and after its $40 billion SPAC, with pandemic layoffs and a teary all-hands with its CEO
Grab was a poster child for how Southeast Asia could match — or at least ape — Silicon Valley innov…
Weilun Soon
Silly season is over for markets - and GameStop will crash next, 'Bond King' Bill Gross says
Easy money fueled wild speculation in high-risk assets like meme stocks, SPACs, and NFTs, but cash …
Theron Mohamed
BlackRock and Snowflake team up - The PE fast-food king - SPACs hedge funds love
The top finance stories for February 23, including the latest news on BlackRock's partnership with …
Dan DeFrancesco
SoFi is soaring in popularity on Reddit as retail investors look for opportunities in the fintech company following its merger with a Chamath Palihapitiya-backed SPAC
Retail traders are bullish on the stock because of a high short interest and the end of the lockup …
Natasha Dailey
Chamath Palihapitiya's SPACs will offer retail investors a way into its IPOs through SoFi's platform
The SPACs will make 5% of shares from the IPOs available to retail investors through SoFi's online …
Natasha Dailey
Jeremy Grantham said US stocks are heroically overpriced, copper should shoot higher, and that he had an 'overprivileged' lockdown in a recent interview. Here are the 14 best quotes.
Legendary investor Jeremy Grantham talked about everything from Tesla to his tie collection in a wi…
Harry Robertson
Billionaire investor Chamath Palihapitiya files for 4 new biotech-focused SPACs that seek to raise $800 million
The latest additions build on Palihapitiya's roster of 6 special-purpose acquisition companies alre…
Shalini Nagarajan
SPAC craze is driven by a frenzy of speculation and may not yield expected returns, legendary short-seller Jim Chanos says
Chanos criticized companies for putting aside metrics such as revenue and earnings, and focusing in…
Shalini Nagarajan
Amazon sold you everything, now it wants to test you
In this week's edition of the Insider Tech newsletter we look at Amazon's next big thing, and check…
Alexei Oreskovic
Insiders are buzzing about Subway sale rumors
Insider's top advertising and media stories for April 13.
Lauren Johnson
BowX jumps on reports it will take WeWork public via SPAC merger
The blank-check firm jumped nearly 7% in early trading on Friday on reports it will give WeWork a s…
Emily Graffeo
WeWork has agreed to go public via a SPAC merger. The deal values it at $9 billion, less than a quarter of its 2019 valuation.
The merger with the BowX Acquisition Corp SPAC values WeWork at $9 billion, and comes two years aft…